Astec Industries, Inc. (ASTE)
NASDAQ: ASTE · IEX Real-Time Price · USD
43.53
+0.06 (0.14%)
Mar 28, 2024, 1:22 PM EDT - Market open
Astec Industries Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Astec Industries stock have an average target of 46, with a low estimate of 42 and a high estimate of 50. The average target predicts an increase of 5.67% from the current stock price of 43.53.
Analyst Consensus: Buy
* Price targets were last updated on Dec 19, 2023.
Analyst Ratings
The average analyst rating for ASTE stock from 2 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
Rating | Oct '23 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 |
---|---|---|---|---|---|---|
Strong Buy | 0 | 0 | 1 | 1 | 1 | 1 |
Buy | 0 | 0 | 0 | 0 | 0 | 0 |
Hold | 1 | 1 | 1 | 1 | 1 | 1 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 1 | 1 | 2 | 2 | 2 | 2 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Stifel | Stifel | Strong Buy Maintains $41 → $42 | Strong Buy | Maintains | $41 → $42 | -3.51% | Dec 19, 2023 |
Baird | Baird | Hold Maintains $45 → $50 | Hold | Maintains | $45 → $50 | +14.86% | Aug 3, 2023 |
Baird | Baird | Buy → Hold Downgrades $40 | Buy → Hold | Downgrades | $40 | -8.11% | Apr 8, 2022 |
Stifel | Stifel | Hold → Strong Buy Upgrades n/a | Hold → Strong Buy | Upgrades | n/a | n/a | May 6, 2021 |
Baird | Baird | Hold → Buy Upgrades n/a | Hold → Buy | Upgrades | n/a | n/a | Apr 1, 2020 |
Financial Forecast
Revenue This Year
1.37B
from 1.34B
Increased by 2.38%
Revenue Next Year
1.40B
from 1.37B
Increased by 2.48%
EPS This Year
2.80
from 1.47
Increased by 90.35%
EPS Next Year
3.16
from 2.80
Increased by 12.91%
Revenue Forecast
Revenue | 2024 | 2025 |
---|---|---|
High | 1.4B | 1.5B |
Avg | 1.4B | 1.4B |
Low | 1.3B | 1.3B |
Revenue Growth
Revenue Growth | 2024 | 2025 |
---|---|---|
High | 7.2% | 7.7% |
Avg | 2.4% | 2.5% |
Low | -4.2% | -3.8% |
EPS Forecast
EPS | 2024 | 2025 |
---|---|---|
High | 3.09 | 3.27 |
Avg | 2.80 | 3.16 |
Low | 2.53 | 3.01 |
EPS Growth
EPS Growth | 2024 | 2025 |
---|---|---|
High | 110.2% | 16.7% |
Avg | 90.3% | 12.9% |
Low | 72.0% | 7.5% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.